COVENANT LOGISTICS GROUP, INC. — Director's Dealing 2018

Aug 24, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COVENANT TRANSPORTATION GROUP INC (CVTI)
CIK: 0000928658
Period of Report: 2018-08-22

Reporting Person: HOGAN JOEY B (PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-22	Class A Common Stock	S	200	$30.45	Disposed	51242	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	98999	Direct
Class A Common Stock	29263	Indirect

Footnotes

F1: The shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan by the reporting persons.

F2: The price reflects a weighted average sale price for multiple transactions ranging from $30.40 to $30.50, inclusive. The reporting persons undertake to provide, upon request by the SEC staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.

F3: Shares are owned jointly by Mr. Hogan and his wife, Melinda J. Hogan, as joint tenants.

F4: The number of shares beneficially owned following the reported transaction is equal to the reporting person's August 20, 2018, account balance in the employer stock fund under the issuer's 401(k) plan, divided by the closing price on August 20, 2018. The plan is unitized and as such does not itself allocate a specific number of shares of each participant.